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To: Sig who wrote (8659)8/8/2002 9:14:24 AM
From: stockman_scott  Respond to of 13815
 
An interesting prediction...

Message 17850867



To: Sig who wrote (8659)8/8/2002 9:40:29 AM
From: stockman_scott  Respond to of 13815
 
Charles Schwab Peering Over Hedge Row

thestreet.com



To: Sig who wrote (8659)8/8/2002 12:44:04 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
I'm not buying more quite yet....one of two things will happen.....if we have seen the bottom, things will slowly improve and share prices will slowly rise, and I dont mind buying in that scenario, or we will re-test, or even break previous lows, which is when I prefer to add.....so I will wait patiently with what I have, with dry powder ready to go.....with so much volatility, I think we have good odd's of seeing more 2 - 4 day massacres, followed by mini rebounds...so no buying in these wishy washy days like now....show me solid breakouts on individual stocks to the upside, and I may buy.....take good quality companies out back and beat them in the woodshed, and I may buy......but I want one extreme or the other......from current levels.....we either go up or down.....I'd prefer buying once the pattern is established....if down, I add more quality at cheap prices..if up, I wont chase anything, but dont mind buying if I am convinced stock is breaking upwards.......right now, mr. market acts like it doesnt know which way it wants to go.....so, I shall relax and be patient......good luck to all....